Juneyao Airlines nine month profit jumps 122.5%

By TESTCustomwebLP TESTCustomwebLP
November 3, 2015 05:52

Juneyao Airlines has reported a 22.98% increase in to 6.26 billion yuan in January-September, in line with its own forecast, while net profit attributable to shareholders surged 122.51% to 0.97 billion yuan in the first three quarters of this year.

Cheaper fuel, lifted operation capacity and robust market demand were cited as the main reasons for the improved performance.